VantAI and Bristol Myers Squibb Forge AI-Driven Partnership to Propel Molecular Glue Drug Discovery

14 February 2024 | Wednesday | News


VantAI is eligible to receive up to $674 million in discovery, development, clinical, regulatory, and sales milestone payments plus tiered royalties from BMS

VantAI, a trailblazer in artificial intelligence (AI)-enabled drug discovery, has announced a groundbreaking collaboration with pharmaceutical giant Bristol Myers Squibb (NYSE: BMY) to fast-track the discovery of novel molecular glue therapeutics. This partnership marries VantAI's cutting-edge generative AI and geometric deep learning techniques with Bristol Myers Squibb's renowned expertise in targeted protein degradation, setting the stage for significant advancements in small molecule therapeutic development.

Molecular glues, while offering a transformative approach to treating a myriad of diseases, have historically posed significant discovery challenges. VantAI's innovative use of AI seeks to overcome these hurdles, harnessing its generative AI platform to design molecular glues that promise to revolutionize proximity modulation as a therapeutic strategy.

Under the terms of this collaboration, VantAI stands to gain up to $674 million in milestone payments spanning discovery, development, and sales, alongside tiered royalties from Bristol Myers Squibb. Furthermore, the agreement holds potential for expansion into additional therapeutic areas, underscoring the breadth and depth of this partnership's ambitions.

Dr. Zachary Carpenter, CEO of VantAI, emphasized the revolutionary potential of AI in molecular glue discovery, noting the approach's capacity to solve complex 'geometric puzzles' inherent in this research area. The partnership with Bristol Myers Squibb represents a pivotal leap forward in VantAI's mission to harness AI for the rapid discovery and development of new therapies.

Neil Bence, PhD, Vice President and Head of Oncology Discovery at Bristol Myers Squibb, lauded the collaboration as a strategic alignment with the company's commitment to leveraging predictive sciences in drug discovery. By combining Bristol Myers Squibb's extensive experience in targeted protein degradation with VantAI's innovative AI-driven methodologies, this partnership aims to accelerate the development of novel treatments for patients facing critical unmet medical needs.

VantAI's pioneering 'Protein-Contact-First' approach, which utilizes geometric deep learning to mimic millions of years of naturally evolved protein interfaces, represents a significant advancement in the design of molecular glues. This technique promises to simplify the intricate process of drug design, producing solutions that are potent, selective, and optimally sized.

As VantAI and Bristol Myers Squibb embark on this exciting journey, their collaboration is poised to redefine the landscape of drug discovery and development, bringing hope to patients worldwide through the power of artificial intelligence and molecular innovation.

News

Stay Connected

Sign up to our free newsletter and get the latest news sent direct to your inbox

Show

Forgot your password?

Show

Show

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close